Rock bottom carpets sells 5600 carpets a year at an average, Ask an Expert

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Rock Bottom Carpets sells 5,600 carpets a year at an average price per carpet of $1,490. The carrying cost per unit is $22.37. The company orders 500 carpets at a time and has a fixed order cost of $69 per order. The carpets are sold out before they are restocked. What is the economic order quantity?

a) 147 carpets

b) 166 carpets

c) 186 carpets

d) 372 carpets

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91605537

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